Covington, LA
Housing market overview · Updated weekly
$329,000median sale price
Homes sold
7
Last 12 weeks
Days on market
55
Average pace
Active listings
70
10.0 months supply
Sale-to-list
96.9%
Below asking
The Covington housing market is currently classified as a buyer's market with a median sale price of $329,000. Prices have fallen 36.1% compared to last year, with homes spending an average of 55 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Covington
There are currently 70 homes listed for sale in Covington, Louisiana. The median listing price is $299K.
Active listings
70
Homes on market
Median list price
$299K
Avg. days on market
55
Days until sale
New this week
19
Newly listed
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Frequently asked questions
What is the average home price in Covington?
The median home sale price in Covington is $329,000, down 36.1% from last year.
How long do homes stay on market in Covington?
Homes typically spend 55 days on market before going under contract.
Is Covington a buyer's or seller's market?
With 10.0 months of supply, Covington is currently a buyer's market.
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